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Standard VIII
Maths
Prices Related to Buying and Selling
Question

Aman started a factory with an initial investment of Rs 100000. In the first year, he incurred a loss of 5%. However, during the second year, he earned a profit of 10% which in the third year rose to 12%. Calculate his net profit for the entire period of three years.

A
Rs 17040
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Solution
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Correct option is A. Rs 17040

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